4-bedroom house · DL1 5AF
Listing removedListed 100 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** available immediately *** A recently refurbished four bedroom mid-terraced family home, located within the Park Lane are of Darlington, close to the Town Centre, Train Station and other local amenities, making this perfect for a family.
The property briefly comprises of; entrance porch, leading into a long hallway, two reception rooms, a modern kitchen with some fitted appliances and access to the rear of the property.
The first floor provides a landing with storage cupboard, four bedrooms and a modern bathroom.
Externally, the property has an enclosed rear yard, which allowing on-street parking to the front of the property.
For a viewing contact smith & friends - Estate Agents Darlington, Early viewing is highly recommended.
Unfurnished Required earnings: Tenants £27,000pa; Guarantor, if required £32,400pa rent £900 pcm bond £1,038 (Application is subject to a Holding Fee - please refer to our website for further details) Ground Floor Entrance Porch (1.37m x 1.15m (4'5" x 3'9")) Hallway (5.80m x 1.81m (19'0" x 5'11")) Living Room (4.71m x 3.88m (15'5" x 12'8")) Dining Room (3.82m x 2.83m (12'6" x 9'3")) Kitchen (5.37m x 2.65m (17'7" x 8'8")) First Floor Landing (3.56m x 0.92m (11'8" x 3'0")) Bedroom 1 (3.94m x 3.29m (12'11" x 10'9")) Bedroom 2 (3.86m x 2.89m (12'7" x 9'5")) Bedroom 3 (2.52m x 2.73m (8'3" x 8'11")) Bedroom 4 (2.99m x 1.77m (9'9" x 5'9")) Bathroom (2.00m x 1.74m (6'6" x 5'8"))
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 64, Park Lane, Darlington
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